Demand curve: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Expand.) |
imported>Doug Williamson (Add link.) |
||
| Line 13: | Line 13: | ||
== See also == | == See also == | ||
* [[Demand]] | * [[Demand]] | ||
* [[Indifference curves]] | |||
* [[Law of demand]] | * [[Law of demand]] | ||
* [[Supply curve]] | * [[Supply curve]] | ||
Revision as of 21:07, 5 May 2016
Economics.
A graphical illustration of the periodic quantity of a specified good or service that the purchaser would be willing and able to buy at a given price.
Demand curves are generally downward sloping.
As the price increases, the quantity demanded decreases.
As the price decreases, the quantity demanded increases.
